Syntegra Private Wealth Group LLC Raises Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Syntegra Private Wealth Group LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 90.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 16,350 shares of the company’s stock after buying an additional 7,751 shares during the period. Syntegra Private Wealth Group LLC owned 0.06% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $608,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Private Trust Co. NA increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.6% in the 2nd quarter. Private Trust Co. NA now owns 2,149 shares of the company’s stock valued at $80,000 after acquiring an additional 491 shares during the period. Independence Bank of Kentucky acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter valued at approximately $32,000. NewEdge Advisors LLC raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% during the first quarter. NewEdge Advisors LLC now owns 19,778 shares of the company’s stock worth $656,000 after purchasing an additional 883 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.7% during the first quarter. Integrated Wealth Concepts LLC now owns 13,421 shares of the company’s stock worth $445,000 after purchasing an additional 1,509 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.7% during the second quarter. Truist Financial Corp now owns 23,996 shares of the company’s stock worth $893,000 after purchasing an additional 1,918 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of GEM opened at $41.92 on Tuesday. The stock has a market capitalization of $1.17 billion, a P/E ratio of 13.33 and a beta of 0.72. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.19 and a 1 year high of $42.01. The company’s fifty day moving average is $39.91 and its two-hundred day moving average is $36.98.

About Goldman Sachs ActiveBeta Emerging Markets Equity ETF

The Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.